- *** ## title: Book: Gems from Warren Buffett Wit and Wisdom from 34 Ye - Gems from Warren Buffett - Wit and Wisdom from 34 Years of Letters to Shareholders - Created: Apr 14, 2017 6:12 AM - Tags: Book, Klib - Updated: Apr 14, 2017 6:12 AM - [Gavagan, Mark](https://www.amazon.com/s/ref=as_li_ss_tl?_encoding=UTF8\&camp=536\&creative=3132\&field-keywords=Gems%20from%20Warren%20Buffett%20-%20Wit%20and%20Wisdom%20from%2034%20Years%20of%20Letters%20to%20Shareholders\&linkCode=ur2\&tag=llll1-23\&url=search-alias%3Dbooks) - 2 highlights - Our trust is in people rather than process. A ‘hire well, manage little’ code suits both them and me. - “Mrs. B (Blumkin), Chairman of Nebraska Furniture Mart, continues at age 93 to outsell and out-hustle any manager I’ve ever seen. She’s at the store seven days a week, from opening to close. Competing with her represents a triumph of courage over judgment. It’s easy to overlook what I consider to be the critical lesson of the Mrs. B saga: at 93, Omaha based Board Chairmen have yet to reach their peak. Please file this fact away to consult before you mark your